Today 28 September
Updated 29 july 2020
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Franchise The Spice & Tea Exchange

Investments

$200,550

Franchise fee

$37,750

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Short information

$200,550

$200,550

Investments

$60,000

$60,000

Minimum Cash

4

4

Wishing to buy

2008

2008

Year Brand Started

56

56

Offices

2008

2008

Year Franchising Started

Franchise The Spice & Tea Exchange

Investments

$200,550

Offices

56

Franchise Fee

37750

Short information

2008

Year Brand Started

2008

Year Franchising Started

About Franchise

Our Story

The Spice & Tea Exchange® was founded in 2008 by a group of talented individuals with a passion for life and a passion for food. Their vision to create a one-of-a-kind shopping experience brought the 18th Century Trading Post concept to life.

Through the years, we’ve grown exponentially with one mission in mind. “To provide a unique spice, blend, salt, sugar and tea shopping experience; to generate excitement by immersing & educating our customers in rich, vivid sights, smells & tastes; and to share our passion for cooking and dining excellence.”

Franchise The Spice & Tea Exchange

As you learn more about The Spice & Tea Exchange®, you’ll get to know fellow Franchisees who share a common passion for food and life. Since our establishment, The Spice & Tea Exchange® has grown from one small individually-owned location into a 37-store nationwide company. This includes 5 company stores and 32 franchise locations, spread over 22 states.

Franchise The Spice & Tea Exchange

At The Spice & Tea Exchange®, our valuable community ties are created through local community involvement, education, and culinary demonstration. We treat each of our guests as family, and welcome them into a world of flavor where they can feel comfortable exploring and learning from our educated Spice Masters.

As a Franchisee, you will be encouraged to host local culinary events in-store and offsite with local chefs, restaurants, and partner organizations. During your training process, you’ll be instilled with the passion and knowledge needed to educate and interact with your guests.

Gallery

Finance Information

Investments: $200,550 – $356,150

Franchise fee: $37,750

Royalty fee: 7%

Minimum Cash: $60,000

Net Worth: $200,000

Partner Requirements

Our ideal franchisee has:

  • Passion for cooking and dining excellence
  • Desire to engage guests and talk about your passion
  • Basic business management knowledge and skills with a willingness to learn
  • The attitude of a team player. In a franchise model, the franchisor and your neighboring franchisees all depend on you to protect and adhere to the system standards and methods the franchise company requires
  • Willingness to master the art of being a leader, motivator, planner, organizer, strategist, community figure
  • And much more!

Area Requirements

The location of your store is important to your success. It is your responsibility to find a suitable location that meets the required criteria. Our TSTE® team will work with you to identify locations with the highest possibility of success. Here are a few "key ingredients" to get started:

  • We recommend between 800-1,100 square feet as an optimal store size
  • Look for a location that is in a shopping/dining destination with high foot traffic; a thriving business district that attracts tourists as well as the surrounding local community. A location where people are having fun and wish to linger
  • Speak with your local Chamber of Commerce or municipality about local growth and area development plans
  • Look for community drivers such as art fairs, annual community events and festivals
  • Create your vision for success!

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Training

Yes

Business Type

Franchise

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